$PIPPIN : Overbought Reversal Short 📉
Entry: 0.368 — 0.380
SL: 0.395
TP: 0.348 — 0.335 — 0.318 — 0.300
$PIPPIN is facing a sharp rejection after its recent rally, currently trading near $0.385. H1 RSI is curving down from overbought levels, while the price broke below the 50% Fibonacci level ($0.372). With fading volume and a potential retest of the $0.30 liquidity zone, the bearish momentum is accelerating.
Entry: 0.368 — 0.380
SL: 0.395
TP: 0.348 — 0.335 — 0.318 — 0.300
$PIPPIN is facing a sharp rejection after its recent rally, currently trading near $0.385. H1 RSI is curving down from overbought levels, while the price broke below the 50% Fibonacci level ($0.372). With fading volume and a potential retest of the $0.30 liquidity zone, the bearish momentum is accelerating.
